,The Forty-Four Trillion Dollar Deficit Scare

The Forty-Four Trillion Dollar Deficit Scare


 

Publication Date: September 2003

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker; David Rosnick

Research Area: Banking and finance

Keywords: National debt; Health care; Privatized systems

Type: Report

Coverage: United States

Abstract:

This paper analyzes a study projecting the size of the budget deficit and argues that the major underlying cause of this deficit is the projection of exploding healthcare costs -- and not demographics as the study concludes.